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$575,000
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Property Description
Check out this fully renovated 4-unit property in Grand Rapids with strong cash flow. Each unit offers 2 beds, 1 bath, and approx. 774 sq ft. Updates in 2022 include new kitchens, baths, appliances, flooring, paint, lighting, 3 new HVAC systems, water heaters, sliding doors, and decks. The property also features shared digital laundry by wash.com, 8 parking spaces, and a storage shed. This property is fully occupied with current gross rents of $5,270.00/month. Owner covers lawn care, snow, gas, water/sewer, and common utilities. Seller is open to creative offers with 25% down and a 2-3 year balloon. Rent roll and T12 are available with a signed confidentiality agreement. Showings after accepted offer. Contact Brett with any interest or for more information.
Full Property Details
Full Property Details for 4240 Norman Dr SE
General
- Sold For: $575,000
- Taxes: $7,590
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25013671
- Added to Site: 355 day(s) ago
Interior
- Interior Features: Broadband
- Number of Fireplaces: 1
Parking
- Total Spaces: 8
- Parking Features: Asphalt, Driveway
Location
- Area: Grand Rapids - G
- County: Kent
- Cross Streets: Langley St SE & Stuart Ave SE
- Driving Directions: North on Stuart Ave SE turn right off Langley St SE
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Cable Available: Yes
- Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 1
- Construction: Aluminum Siding, Brick
- Basement: Yes
- Roof: Composition
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 11,979
- Frontage: Paved
- Lot Features: Sidewalk
- Zoning: Multifamily
Financial Considerations
- Tax Amount: $7,590.33
- Terms: VA Loan, FHA, Cash, Conventional, Contract
- Landlord Pays: Water, Sewer, Gas
- Tenant Pays: Electricity
Disclosures and Reports
- Legal Description: NWLY 80 FT OF LOT 104 * LANGDON PLAT NO.1
- Property ID: 41-18-20-477-025
Listed by Bellabay Realty LLC, Hunter J Maat
Sold by Five Star Real Estate (Grandv), Vaughn Greathouse
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Schools
Schools serving 4240 Norman Dr SE
School District:Kentwood Public Schools
| Name | Grades | Distance |
|---|---|---|
Bowen Elementary 4483 Kalamazoo Ave Se, Grand Rapids, MI 49508 | K-5 | 0.3 mi |
Crestwood Middle School 2674 44th Street Southeast, Grand Rapids, MI 49512 | 6-8 | 1.5 mi |
East Kentwood Freshman Campus 6170 Valley Lane Dr Se, Grand Rapids, MI 49508 | 9- | 2.6 mi |
East Kentwood High School 6230 Kalamazoo Avenue Southeast, Grand Rapids, MI 49508 | 10-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4240 Norman Dr SE
Date
Details
Price
Change
Source
6/13/2025
Sold
$575,000
-4.01%
MLS
4/05/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4240 Norman Drive SE, Grand Rapids, MI 49508 (MLS# 25013671) is a Single Family property that was sold at $575,000 on June 13, 2025. Want to learn more about 4240 Norman Drive SE? Do you have questions about finding other Single Family real estate for sale in Grand Rapids? You can browse all Grand Rapids real estate or contact a Coldwell Banker agent to request more information.

